document.write( "Question 824239: $3,000 with 2.5% daily interest for 29 years equals? \n" ); document.write( "
Algebra.Com's Answer #496208 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! $3,000 with 2.5% daily interest for 29 years equals? \n" ); document.write( "------ \n" ); document.write( "A(t) = P(1+(r/n))^(nt) \n" ); document.write( "---- \n" ); document.write( "A(29) = 3000(1+(0.025/365))^(365*29) \n" ); document.write( "---- \n" ); document.write( "A(29) = $6194.04 \n" ); document.write( "---------------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============= \n" ); document.write( " |